Wednesday, 19 September 2018

Telecom Italia wants €13bn for Brazil stake

By Mary Lennighan, Total Telecom
Wednesday 10 September 14

Italian telco reportedly looking for offers of at least 11 times EBITDA for TIM Brasil.

Telecom Italia values its stake in TIM Brasil at €13 billion or more, if a media report citing unnamed sources is to be believed. The Italian incumbent's benchmark price gives the Brazilian mobile operator an enterprise value of &euro…

Telecom Italia values its stake in TIM Brasil at €13 billion or more, if a media report citing unnamed sources is to be believed. The Italian incumbent's benchmark price gives the Brazilian mobile operator an enterprise value of &euro…

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